Global Carpet Market to Grow at 3.3% During 2025-2033, Catalyzed by Escalating Demand for Aesthetic Flooring

November 21, 2024 | Retail

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According to the latest report by IMARC Group, titled “Carpet Market Report by Material (Nylon, Olefin, Polyester, and Others), Price Point (Economy, Luxury), Sales Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores), End User (Residential, Commercial), and Region 2025-2033,” the global carpet market size reached USD 65.0 Billion in 2024. A carpet is a thick floor covering made using wool, jute fiber, or artificial synthetic fibers. It assists in reducing the impact of slips and falls, minimizing noise, and providing warmth and comfort. As it is available in a variety of colors, patterns, and textures, its utilization is increasing across the residential and commercial sectors across the globe.

Global Carpet Market Trends:

Increasing construction activities represents one of the key factors positively influencing the demand for carpets worldwide. They offer better aesthetics, value and performance compared to other flooring options. As a result, they are considerably being utilized by designers and architects around the world. Furthermore, the growing awareness about the emissions of volatile organic compounds (VOCs) and other toxic components from carpets has propelled leading players to introduce eco-friendly carpets using natural, renewable fibers, such as sisal, seagrass, coir, and organic cotton. They are also introducing hypoallergenic, stain-resistant, waterproof, and pet-friendly carpets, which are creating a favorable market outlook. Looking forward, IMARC Group expects the market to reach USD 87.3 Billion by 2033, exhibiting a growth rate (CAGR) of 3.3% during 2025-2033.

Market Summary:

Based on the material, the market has been segregated into nylon, olefin, polyester, and others.
On the basis of the price point, the market has been bifurcated into economy and luxury.
Based on the sales channel, the market has been classified into supermarkets and hypermarkets, specialty stores, and online stores. At present, specialty stores hold the biggest market share.
On the basis of the end user, the residential segment dominates the market.
Region-wise, the market has been categorized into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
The competitive landscape of the market has been examined, with some of the key players being Armstrong Flooring Inc., Balta Industries NV, Beaulieu International Group, Brumark, Dorsett Industries, Inc., Interface, Inc., Mannington Mills, Inc., Milliken & Company, Mohawk Industries, Inc., Shaw Industries Group Inc. (Berkshire Hathaway Inc.)., Tarkett and Victoria PLC.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Material, Price Point, Sales Channel, End User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Armstrong Flooring Inc., Balta Industries nv., Beaulieu International Group, Brumark, Dorsett Industries, Interface Inc., Mannington Mills Inc., Milliken & Company, Mohawk Industries Inc., Shaw Industries Group Inc. (Berkshire Hathaway Inc.), Tarkett and Victoria PLC
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Carpet Market to Grow at 3.3% During 2025-2033, Catalyzed by Escalating Demand for Aesthetic Flooring

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